E ffective as of Wednesday, March 1, 2017 as a member of the Hilton Honors frequent guest loyalty program, you will be able to use a flexible payment slider to choose nearly any combination of points and money to pay for your stay — any time — with no blackout dates. You can still opt to use all points on award stays; and you can continue to enjoy the popular 5th Night Free benefit if you have earned elite level status.

This is a graphic of the new Points & Money slider. Source: Hilton Honors.

To use the Points & Money option to pay for a stay, the minimum spend is 5,000 Hilton Honors points; and the slider will allow you to increase the number of Hilton Honors points you might want to redeem in increments of 1,000 points — all the way to paying for your stay in full with points only. Hilton Honors is the only frequent guest loyalty program in the lodging industry to equip its members with a slider to customize the balance between redeeming points and paying with money for a stay at a hotel or resort property.

Unlike the current Cash & Points option where you could not earn Hilton Honors points at all, you will be able to earn Hilton Honors points on the cash portion of a Points & Money stay once that option is in effect later this month. While not exclusive, Hilton Honors is one of the few frequent guest loyalty programs which offers this feature on its Points & Money option.

Prices of stays paid with Hilton Honors points will also become more flexible with the Points & Money option. When demand and room rates are lower, points prices will flex and go lower than before — meaning that hotel categories will become obsolete and therefore be eliminated, which will allow point prices to go lower than the previous ranges.

Even after the transition on standard room rewards, the maximum points price of each hotel and resort property will not increase.

As an example, a standard room reward redemption at Category 10 hotel and resort properties costs a maximum of 95,000 Hilton Honors points per night. Once the new Points & Money option launches later this month, the maximum amount of Hilton Honors points which you can redeem at those same hotel and resort properties will continue to cost 95,000 points — and may sometimes be priced lower than the previous category range.

For comparison purposes in the future, here is the hotel category chart which displays the current Hilton HHonors standard award prices per night prior to the elimination of hotel categories — and keep in mind that you can continue to enjoy the popular 5th Night Free benefit if you have earned elite level status, meaning that you can stay at the same hotel or resort property for five consecutive nights when you redeem enough points for four consecutive nights:

Hotel Category

Hilton HHonors Points

Cash & Points

1

5,000 points

$30.00 + 2,000 points

2

10,000 points

$35.00 + 4,000 points

3

20,000 points

$40.00 + 8,000 points

4

20,000 to 30,000 points

$50.00 + 12,000 points

5

30,000 to 40,000 points

$65.00 + 16,000 points

6

30,000 to 50,000 points

$85.00 + 20,000 points

7

30,000 to 60,000 points

$100.00 + 24,000 points

8

40,000 to 70,000 points

$125.00 + 28,000 points

9

50,000 to 80,000 points

$150.00 + 32,000 points

10

70,000 to 95,000 points

$200.00 + 38,000 points

The idea of Points & Money is rather simple: as using this option requires a minimum of 5,000 points — which can basically be earned by staying two nights when paying with money for a hotel room — this gives the flexibility to get more value from points faster so as not to have to wait until there are enough points to use for a reward stay paid completely with points. This way, even members of the Hilton Honors program who are at the basic Blue membership tier can redeem their points faster for reward stays.

The Points & Money option will be available as long as standard room rates are available.

You can check pricing examples for all of the greater than 4,900 hotel and resort properties here; and you will be able to use an availability calendar to see up to 365 days ahead exactly how many points are required to redeem at a specific hotel or resort property on a specific date. The redemption rates will be in real time once the Points & Money feature is launched.

If you find a redemption of points which you believe is reasonable to excellent, you can redeem your points and book your stay to ensure that you have that rate by the time you arrive at the hotel or resort property. Not booking it means that the rate is at risk of fluctuating — meaning that the redemption price could change if you wait instead of book your reservation.

Summary

All reservations booked prior to Tuesday, February 28, 2017 will still be honored the way they were booked. If you choose to change a reward reservation after the launch, the points price of the stay will be subject to the latest redemption rates.

For additional and comprehensive information pertaining to the changes to the Hilton Honors frequent guest loyalty program, please refer to this article.

ADVANTAGES OF POINTS AND MONEY OPTION

Greater flexibility

No blackout dates

Ability to earn Hilton Honors points on the money portion of a stay

Can be used at greater than 4,900 hotel and resort properties at 14 hotel brands worldwide — no exceptions or exclusions

Possibility of lower redemption rates than those currently offered during off-peak periods

All Points & Money rewards stays and nights will continue to count towards the achievement of elite level status

DISADVANTAGES OF POINTS AND MONEY OPTION

Rewards more based on revenue and demand than before

Elimination of reward charts, meaning you likely have to put more effort into searching for a reward redemption using a tool

Resort fees will be applied for any bookings purchased with any combination of Points & Money; but they will still not apply to reservations booked solely with Hilton Honors points

Devaluations could possibly occur in a stealth fashion in the future — such as an increase in the maximum threshold of a hotel or resort property

At this time, the slider tool is not available when booking a stay at Hampton Inn hotel properties in Mainland China